ABSTRACT
The law which authorised the suspension of the cash payments of the bank having been re-enacted; the high price of provisions having given occasion to much speculation on the subject of paper credit; the course of exchange having again turned greatly against the country. Great demands for guineas will be made on the bank; and probably by persons not intending to melt or export guineas themselves, but wishing only to supply that want which all have begun to experience in consequence of the large illicit exportations carried on by a few unknown persons. It is assumed, for the present, that the bank is paying in guineas. The dilemma in which the bank is thus placed, is evidently one which implies no deficiency in its wealth, in its credit, or in the strength of its resources. If the bank, from time to time, buys gold at a high price, that is, if it gives for gold a large quantity of goods.
